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Pay vs Performance Disclosure - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Nov. 01, 2021
Jul. 31, 2022
Jul. 31, 2023
Jul. 31, 2022
Jul. 31, 2021
Pay vs Performance Disclosure [Table]          
Pay vs Performance [Table Text Block]    
PAY VERSUS PERFORMANCE DISCLOSURE

As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and Item 402(v) of Regulation S-K, we are providing the following disclosure regarding the relationship between executive compensation actually paid to our principal executive officers (“PEOs”) and Non-PEO NEOs and certain Company financial performance for the fiscal years listed below. The Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown. For further information concerning the Company’s variable pay-for-performance philosophy and how the Company aligns executive compensation with the Company’s performance, please see “Compensation Discussion and Analysis” beginning on page 31.

Year
Summary
Compensation
Table
Total for
Robert A.
Katz(1)1
($)
Summary
Compensation
Table
Total for
Kirsten A.
Lynch(1)
($)
Compensation
Actually
Paid to
Robert A.
Katz(1),(2),(3)
($)
Compensation
Actually
Paid to
Kirsten A.
Lynch(1),(2),(3)
($)
Average
Summary
Compensation
Table
Total for
Non-PEO
NEOs(1)
($)
Average
Compensation
Actually
Paid to
Non-PEO
NEOs(1),(2),(3)
($)
Value of
Initial Fixed
$100
Investment
based on:(4)
Net
Income
($ Millions)
Resort Reported EBITDA(5)
($ Millions)
TSR
($)
Peer
Group
TSR
($)
(a)
(b)
(b)
(c)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
2023
6,195,302
7,161,467
1,648,434
1,079,735
129.51
157.45
285.1
834.8
2022
2,022,454
6,609,628
1,866,128
4,684,527
2,275,391
1,588,826
126.04
119.65
368.3
836.9
2021
3,814,789
8,379,431
2,116,605
4,304,689
158.93
146.93
124.5
544.7

(1)
Robert A. Katz was our PEO from August 1, 2020 to November 1, 2021. Kirsten Lynch was our PEO from November 1, 2021 to the present. The individuals comprising the Non-PEO NEOs for each year presented are listed below.

2021
2022
2023
Michael Z. Barkin
Michael Z. Barkin
Michael Z. Barkin
David T. Shapiro
David T. Shapiro
David T. Shapiro
James C. O'Donnell
James C. O'Donnell
James C. O'Donnell
Kirsten A. Lynch
Ryan Bennett
Robert A. Katz
Patricia A. Campbell
Ryan Bennett
 
 
Angela A. Korch
(2)
The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the Non-PEO NEOs computed in accordance with Item 402(v) of Regulation S-K as set forth below. Adjusted equity values are calculated in accordance with FASB ASC Topic 718. The same valuation methodologies to create the underlying assumptions were used to calculate the fair values of equity awards as those disclosed at the time of grant. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. The Company did not have a defined benefit pension plan in the covered years, so no pension adjustments were made.

Year
Summary
Compensation Table
Total for
Robert Katz
($)
Exclusion of Stock
Awards and Option
Awards for
Robert Katz
($)
Inclusion of Adjusted
Equity Values for
Robert Katz
($)
Total Compensation
Actually Paid to
Robert Katz
($)
2022
2,022,454
(999,833)
843,507
1,866,128
2021
3,814,789
(2,971,795)
7,536,437
8,379,431

Year
Summary
Compensation Table
Total for
Kirsten Lynch
($)
Exclusion of Stock
Awards and Option
Awards for
Kirsten Lynch
($)
Inclusion of Adjusted
Equity Values for
Kirsten Lynch
($)
Total Compensation
Actually Paid to
Kirsten Lynch
($)
2023
6,195,302
(4,769,816)
5,735,981
7,161,467
2022
6,609,628
(4,499,972)
2,574,871
4,684,527
Year
Summary
Compensation Table
Total for Non-
PEO NEOs
($)
Average Exclusion of
Stock Awards and
Option Awards for Non-
PEO NEOs
($)
Average Inclusion of
Adjusted Equity
Values for Non-
PEO NEOs
($)
Total Average
Compensation Actually
Paid to Non-
PEO NEOs
($)
2023
1,648,434
(977,487)
408,788
1,079,735
2022
2,275,391
(1,331,959)
645,394
1,588,826
2021
2,116,605
(1,495,765)
3,683,849
4,304,689
The amounts in the Inclusion of Adjusted Equity Values in the tables above are derived from the amounts set forth in the following tables:

Year
Year-End Fair
Value of Equity
Awards
Granted
During Year
That Remained
Unvested as of
Last Day of
Year for
Robert Katz
($)
Change in Fair
Value from
Last Day of
Prior Year to
Last Day of
Year of
Unvested
Equity Awards for
Robert Katz
($)
Vesting-Date
Fair Value of
Equity Awards
Granted
During Year
that Vested
During Year for
Robert Katz
($)
Change in Fair
Value from
Last Day of
Prior Year to
Vesting Date of
Unvested
Equity Awards
that Vested
During Year for
Robert Katz
($)
Fair Value at
Last Day of
Prior Year of
Equity Awards
Forfeited
During Year for
Robert Katz
($)
Total -
Inclusion of
Adjusted
Equity Values for
Robert Katz
($)
2022
570,565
(1,250,375)
1,523,317
843,507
2021
5,624,664
1,541,752
370,021
7,536,437

Year
Year-End Fair
Value of Equity
Awards
Granted
During Year
That Remained
Unvested as of
Last Day of
Year for
Kirsten Lynch
($)
Change in Fair
Value from
Last Day of
Prior Year to
Last Day of
Year of
Unvested
Equity Awards for
Kirsten Lynch
($)
Vesting-Date
Fair Value of
Equity Awards
Granted
During Year
that Vested
During Year for
Kirsten Lynch
($)
Change in Fair
Value from
Last Day of
Prior Year to
Vesting Date of
Unvested
Equity Awards
that Vested
During Year for
Kirsten Lynch
($)
Fair Value at
Last Day of
Prior Year of
Equity Awards
Forfeited
During Year for
Kirsten Lynch
($)
Total -
Inclusion of
Adjusted
Equity Values for
Kirsten Lynch
($)
2023
6,048,457
6,587
(319,063)
5,735,981
2022
2,575,970
(845,576)
844,477
2,574,871

Year
Average Year-
End Fair Value
of Equity
Awards
Granted
During Year
That Remained
Unvested as of
Last Day of
Year for Non-
PEO NEOs
($)
Average
Change in Fair
Value from
Last Day of
Prior Year to
Last Day of
Year of
Unvested Equity
Awards for Non-
PEO NEOs
($)
Average
Vesting- Date
Fair Value of
Equity Awards
Granted
During Year
that Vested During
Year for Non-
PEO NEOs
($)
Average
Change in Fair
Value from
Last Day of
Prior Year to
Vesting Date of
Unvested
Equity Awards
that Vested During
Year for Non-
PEO NEOs
($)
Average Fair
Value at Last
Day of Prior
Year of Equity
Awards
Forfeited During
Year for Non-
PEO NEOs
($)
Total - Average
Inclusion of
Adjusted Equity
Values for Non-
PEO NEOs
($)
2023
900,201
(189)
(150,012)
(341,212)
408,788
2022
760,099
(494,312)
379,607
645,394
2021
2,633,281
873,537
177,031
3,683,849
(4)
The Peer Group Total Shareholder Return (“TSR”) set forth in this table utilizes the Dow Jones U.S. Travel & Leisure Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended July 31, 2023. The comparison assumes $100 was invested for the period starting July 31, 2020, through the end of the listed year in the Company and in the Dow Jones U.S. Travel & Leisure Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.
(5)
We determined Resort Reported EBITDA to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEOs and Non-PEO NEOs in 2023. Resort Reported EBITDA is a non-GAAP financial measure, calculated as earnings before interest, taxes, depreciation and amortization, as reported for our Mountain and Lodging segments combined. For a reconciliation of the differences between Resort Reported EBITDA and the most directly comparable GAAP financial measure, see Appendix A of this proxy statement. This performance measure may not have been the most important financial performance measure for years 2022 and 2021 and we may determine a different financial performance measure to be the most important financial performance measure in future years.
   
Company Selected Measure Name     Resort Reported EBITDA    
Named Executive Officers, Footnote [Text Block]    
(1)
Robert A. Katz was our PEO from August 1, 2020 to November 1, 2021. Kirsten Lynch was our PEO from November 1, 2021 to the present. The individuals comprising the Non-PEO NEOs for each year presented are listed below.

2021
2022
2023
Michael Z. Barkin
Michael Z. Barkin
Michael Z. Barkin
David T. Shapiro
David T. Shapiro
David T. Shapiro
James C. O'Donnell
James C. O'Donnell
James C. O'Donnell
Kirsten A. Lynch
Ryan Bennett
Robert A. Katz
Patricia A. Campbell
Ryan Bennett
 
 
Angela A. Korch
   
Peer Group Issuers, Footnote [Text Block]    
(4)
The Peer Group Total Shareholder Return (“TSR”) set forth in this table utilizes the Dow Jones U.S. Travel & Leisure Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended July 31, 2023. The comparison assumes $100 was invested for the period starting July 31, 2020, through the end of the listed year in the Company and in the Dow Jones U.S. Travel & Leisure Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.
   
Adjustment To PEO Compensation, Footnote [Text Block]    
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the Non-PEO NEOs computed in accordance with Item 402(v) of Regulation S-K as set forth below. Adjusted equity values are calculated in accordance with FASB ASC Topic 718. The same valuation methodologies to create the underlying assumptions were used to calculate the fair values of equity awards as those disclosed at the time of grant. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. The Company did not have a defined benefit pension plan in the covered years, so no pension adjustments were made.

Year
Summary
Compensation Table
Total for
Robert Katz
($)
Exclusion of Stock
Awards and Option
Awards for
Robert Katz
($)
Inclusion of Adjusted
Equity Values for
Robert Katz
($)
Total Compensation
Actually Paid to
Robert Katz
($)
2022
2,022,454
(999,833)
843,507
1,866,128
2021
3,814,789
(2,971,795)
7,536,437
8,379,431

Year
Summary
Compensation Table
Total for
Kirsten Lynch
($)
Exclusion of Stock
Awards and Option
Awards for
Kirsten Lynch
($)
Inclusion of Adjusted
Equity Values for
Kirsten Lynch
($)
Total Compensation
Actually Paid to
Kirsten Lynch
($)
2023
6,195,302
(4,769,816)
5,735,981
7,161,467
2022
6,609,628
(4,499,972)
2,574,871
4,684,527
The amounts in the Inclusion of Adjusted Equity Values in the tables above are derived from the amounts set forth in the following tables:

Year
Year-End Fair
Value of Equity
Awards
Granted
During Year
That Remained
Unvested as of
Last Day of
Year for
Robert Katz
($)
Change in Fair
Value from
Last Day of
Prior Year to
Last Day of
Year of
Unvested
Equity Awards for
Robert Katz
($)
Vesting-Date
Fair Value of
Equity Awards
Granted
During Year
that Vested
During Year for
Robert Katz
($)
Change in Fair
Value from
Last Day of
Prior Year to
Vesting Date of
Unvested
Equity Awards
that Vested
During Year for
Robert Katz
($)
Fair Value at
Last Day of
Prior Year of
Equity Awards
Forfeited
During Year for
Robert Katz
($)
Total -
Inclusion of
Adjusted
Equity Values for
Robert Katz
($)
2022
570,565
(1,250,375)
1,523,317
843,507
2021
5,624,664
1,541,752
370,021
7,536,437

Year
Year-End Fair
Value of Equity
Awards
Granted
During Year
That Remained
Unvested as of
Last Day of
Year for
Kirsten Lynch
($)
Change in Fair
Value from
Last Day of
Prior Year to
Last Day of
Year of
Unvested
Equity Awards for
Kirsten Lynch
($)
Vesting-Date
Fair Value of
Equity Awards
Granted
During Year
that Vested
During Year for
Kirsten Lynch
($)
Change in Fair
Value from
Last Day of
Prior Year to
Vesting Date of
Unvested
Equity Awards
that Vested
During Year for
Kirsten Lynch
($)
Fair Value at
Last Day of
Prior Year of
Equity Awards
Forfeited
During Year for
Kirsten Lynch
($)
Total -
Inclusion of
Adjusted
Equity Values for
Kirsten Lynch
($)
2023
6,048,457
6,587
(319,063)
5,735,981
2022
2,575,970
(845,576)
844,477
2,574,871
   
Non-PEO NEO Average Total Compensation Amount     $ 1,648,434 $ 2,275,391 $ 2,116,605
Non-PEO NEO Average Compensation Actually Paid Amount     $ 1,079,735 1,588,826 4,304,689
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]    
(3)
Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEOs and the Non-PEO NEOs computed in accordance with Item 402(v) of Regulation S-K as set forth below. Adjusted equity values are calculated in accordance with FASB ASC Topic 718. The same valuation methodologies to create the underlying assumptions were used to calculate the fair values of equity awards as those disclosed at the time of grant. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. The Company did not have a defined benefit pension plan in the covered years, so no pension adjustments were made.
Year
Summary
Compensation Table
Total for Non-
PEO NEOs
($)
Average Exclusion of
Stock Awards and
Option Awards for Non-
PEO NEOs
($)
Average Inclusion of
Adjusted Equity
Values for Non-
PEO NEOs
($)
Total Average
Compensation Actually
Paid to Non-
PEO NEOs
($)
2023
1,648,434
(977,487)
408,788
1,079,735
2022
2,275,391
(1,331,959)
645,394
1,588,826
2021
2,116,605
(1,495,765)
3,683,849
4,304,689
The amounts in the Inclusion of Adjusted Equity Values in the tables above are derived from the amounts set forth in the following tables:
Year
Average Year-
End Fair Value
of Equity
Awards
Granted
During Year
That Remained
Unvested as of
Last Day of
Year for Non-
PEO NEOs
($)
Average
Change in Fair
Value from
Last Day of
Prior Year to
Last Day of
Year of
Unvested Equity
Awards for Non-
PEO NEOs
($)
Average
Vesting- Date
Fair Value of
Equity Awards
Granted
During Year
that Vested During
Year for Non-
PEO NEOs
($)
Average
Change in Fair
Value from
Last Day of
Prior Year to
Vesting Date of
Unvested
Equity Awards
that Vested During
Year for Non-
PEO NEOs
($)
Average Fair
Value at Last
Day of Prior
Year of Equity
Awards
Forfeited During
Year for Non-
PEO NEOs
($)
Total - Average
Inclusion of
Adjusted Equity
Values for Non-
PEO NEOs
($)
2023
900,201
(189)
(150,012)
(341,212)
408,788
2022
760,099
(494,312)
379,607
645,394
2021
2,633,281
873,537
177,031
3,683,849
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]    
Relationship Between PEOs and Non-PEO NEO Compensation Actually Paid and Company TSR

The following chart sets forth the relationship between Compensation Actually Paid to our PEOs, the average of Compensation Actually Paid to our Non-PEO NEOs, and the Company’s cumulative TSR over the three most recently completed fiscal years.
graphic

   
Compensation Actually Paid vs. Net Income [Text Block]    
Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Net Income

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Net Income during the three most recently completed fiscal years.
graphic
   
Compensation Actually Paid vs. Company Selected Measure [Text Block]    
Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Resort Reported EBITDA

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Resort Reported EBITDA during the three most recently completed fiscal years.
graphic
   
Total Shareholder Return Vs Peer Group [Text Block]    
Description of Relationship Between Company TSR and Peer Group TSR

The following chart compares our cumulative TSR over the three most recently completed fiscal years to that of the Dow Jones U.S. Travel & Leisure Index over the same period.
graphic
   
Tabular List [Table Text Block]    
Tabular List of Most Important Financial Performance Measures

Resort Reported EBITDA was the only financial performance measure that the Company used to link Compensation Actually Paid to our PEO and Non-PEO NEOs for 2023 to Company performance.
   
Total Shareholder Return Amount     $ 129.51 126.04 158.93
Peer Group Total Shareholder Return Amount     157.45 119.65 146.93
Net Income (Loss)     $ 285,100,000 $ 368,300,000 $ 124,500,000
Company Selected Measure Amount     834,800,000 836,900,000 544,700,000
PEO Name Robert A. Katz Kirsten Lynch Kirsten Lynch   Robert A. Katz
Measure [Axis]: 1          
Pay vs Performance Disclosure [Table]          
Measure Name     Resort Reported EBITDA    
Non-GAAP Measure Description [Text Block]    
(5)
We determined Resort Reported EBITDA to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEOs and Non-PEO NEOs in 2023. Resort Reported EBITDA is a non-GAAP financial measure, calculated as earnings before interest, taxes, depreciation and amortization, as reported for our Mountain and Lodging segments combined. For a reconciliation of the differences between Resort Reported EBITDA and the most directly comparable GAAP financial measure, see Appendix A of this proxy statement. This performance measure may not have been the most important financial performance measure for years 2022 and 2021 and we may determine a different financial performance measure to be the most important financial performance measure in future years.
   
Robert A. Katz [Member]          
Pay vs Performance Disclosure [Table]          
PEO Total Compensation Amount     $ 0 $ 2,022,454 $ 3,814,789
PEO Actually Paid Compensation Amount     0 1,866,128 8,379,431
Kirsten A. Lynch [Member]          
Pay vs Performance Disclosure [Table]          
PEO Total Compensation Amount     6,195,302 6,609,628 0
PEO Actually Paid Compensation Amount     7,161,467 4,684,527 0
PEO [Member] | Robert A. Katz [Member] | Stock Awards and Option Awards [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount       (999,833) (2,971,795)
PEO [Member] | Robert A. Katz [Member] | Adjusted Equity Values [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount       843,507 7,536,437
PEO [Member] | Robert A. Katz [Member] | Year-End Fair Value of Equity Awards Granted During Year that Remained Unvested as of Last Day of Year [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount       570,565 5,624,664
PEO [Member] | Robert A. Katz [Member] | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount       (1,250,375) 1,541,752
PEO [Member] | Robert A. Katz [Member] | Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount       0 0
PEO [Member] | Robert A. Katz [Member] | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount       1,523,317 370,021
PEO [Member] | Robert A. Katz [Member] | Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount       0 0
PEO [Member] | Kirsten A. Lynch [Member] | Stock Awards and Option Awards [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (4,769,816) (4,499,972)  
PEO [Member] | Kirsten A. Lynch [Member] | Adjusted Equity Values [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     5,735,981 2,574,871  
PEO [Member] | Kirsten A. Lynch [Member] | Year-End Fair Value of Equity Awards Granted During Year that Remained Unvested as of Last Day of Year [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     6,048,457 2,575,970  
PEO [Member] | Kirsten A. Lynch [Member] | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     6,587 (845,576)  
PEO [Member] | Kirsten A. Lynch [Member] | Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     0 0  
PEO [Member] | Kirsten A. Lynch [Member] | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (319,063) 844,477  
PEO [Member] | Kirsten A. Lynch [Member] | Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     0 0  
Non-PEO NEO [Member] | Stock Awards and Option Awards [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (977,487) (1,331,959) (1,495,765)
Non-PEO NEO [Member] | Adjusted Equity Values [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     408,788 645,394 3,683,849
Non-PEO NEO [Member] | Year-End Fair Value of Equity Awards Granted During Year that Remained Unvested as of Last Day of Year [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     900,201 760,099 2,633,281
Non-PEO NEO [Member] | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (189) (494,312) 873,537
Non-PEO NEO [Member] | Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     0 0 0
Non-PEO NEO [Member] | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     (150,012) 379,607 177,031
Non-PEO NEO [Member] | Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year [Member]          
Pay vs Performance Disclosure [Table]          
Adjustment to Compensation Amount     $ (341,212) $ 0 $ 0